Thomas Jeegers on Nostr: Newcomers in #Bitcoin often think it is "easy", like you just buy, the price ...
Newcomers in #Bitcoin often think it is "easy", like you just buy, the price skyrockets, then you sell.
It's not like that at all. First you need to work your way through understanding why it makes sense to buy it, challenging the core belief system that you were born in. It sucks. Changing your world view is not enjoyable.
Hundreds of hours later, you realise you need a thousand more to even get your head around the basics. Sacrifices, hard work, consistency.
Then everybody around you thinks you are crazy, because they are not ready to see it yet. It's almost the entire world against you. Standing your ground is challenging. Even people you thought were smart and people you respected are now against you. Good luck finding enjoyment in that.
Then you need to find how to secure your Bitcoin properly. Hell, that's everything but straightforward. It takes gut and courage to self-custody. Responsibilities are not easy. If you f* up, there is nobody to call. That's on you.
Then the market does everything but what you expect. It reacts to irrational actors doing irrational things. Volatility, bear markets, sudden drops. Even the few people you thought you orange-pilled are now spreading FUD. That's where you realise they never got it in the first place. Yey! Now even they think you are crazy. And since they probably sold at the worst moment, they now blame you.
When it eventually goes up, they dare calling you "lucky", because they still don't get it. Nobody is thanking you, nobody is apologizing.
Hell yeah, it is "easy". Try it. When it goes up, you will have earned it.
Published at
2024-01-20 12:29:54Event JSON
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"content": "Newcomers in #Bitcoin often think it is \"easy\", like you just buy, the price skyrockets, then you sell. \n\nIt's not like that at all. First you need to work your way through understanding why it makes sense to buy it, challenging the core belief system that you were born in. It sucks. Changing your world view is not enjoyable.\n\nHundreds of hours later, you realise you need a thousand more to even get your head around the basics. Sacrifices, hard work, consistency.\n\nThen everybody around you thinks you are crazy, because they are not ready to see it yet. It's almost the entire world against you. Standing your ground is challenging. Even people you thought were smart and people you respected are now against you. Good luck finding enjoyment in that.\n\nThen you need to find how to secure your Bitcoin properly. Hell, that's everything but straightforward. It takes gut and courage to self-custody. Responsibilities are not easy. If you f* up, there is nobody to call. That's on you.\n\nThen the market does everything but what you expect. It reacts to irrational actors doing irrational things. Volatility, bear markets, sudden drops. Even the few people you thought you orange-pilled are now spreading FUD. That's where you realise they never got it in the first place. Yey! Now even they think you are crazy. And since they probably sold at the worst moment, they now blame you.\n\nWhen it eventually goes up, they dare calling you \"lucky\", because they still don't get it. Nobody is thanking you, nobody is apologizing. \n\nHell yeah, it is \"easy\". Try it. When it goes up, you will have earned it. ",
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